debt to equity ratio was 1.34 times. Forward Looking The Company has a performance according to the plan. In the year 2019, the company is in the process of real estate development for sale of

(25.42%) (48.98%) (25.08%) Other Expenses Loss on cancel of joint venture agreement - (15.92 ) 15.92 (100.00%) 0.00% (7.28%) Impairment loss of land held for development - (5.83 ) 5.83 100.00% 0.00% (2.67

Development Fund 2,440 2,429 2,331 0.5% 4.7% Debt issued and borrowings 1,327 1,550 1,682 (14.4)% (21.1)% Total interest expenses 9,460 9,905 9,372 (4.5)% 0.9% Net interest income 17,123 16,955 16,277 1.0% 5.2

2.1 Credit Risk Management 5 2.2 Market Risk Management 5 2.3 Liquidity Risk Management 6 3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance

Ministry of Finance or the Financial Institution Development Fund is the obligor ; In case the remaining time to maturity of the debt instruments under Paragraph 1 of Paragraph 1(3) is more than ten years

Finance or the Financial Institution Development Fund is the obligor; In case the remaining time to maturity of the debt instruments under Paragraph 1 of Paragraph 1(3) is more than ten years, the debt

year, which was still better than the set target. In this quarter, our impairment loss on loans and debt securities decreased Baht 1,314 million, or 14.39 percent, in line with the prevailing

1 Ref. No. JUTHA-10/2563 November 2, 2020 Subject: Amendment of Articles of Association, Debt to Equity Conversion Constituting a Connected Transaction, Issuance and Offering of Newly Issued Ordinary

-1 -Translation- Ref. LPN/SorKor/053/2562 14th February 2019 RE: Financial Statements Analysis Report 2018 Dear: President The Stock Exchange of Thailand L.P.N. Development Public Co., Ltd. would

วันที่ 10 พฤษภาคม พ -Translation- 1 Ref. LPN/Sor.Kor./277/2560 9th November, 2017 Re: Report on Financial Analysis in Q3/2017 Dear: President The Stock Exchange of Thailand L.P.N. Development Public